112 transactions have been registered at the trades of the State Commodity and Raw Material Exchange of Turkmenistan last week. For foreign currency, brokers from Russia and Uzbekistan have bought polyethylene. Jet fuel made at Turkmenbashy Refinery Complex was a subject of trades of businessmen from USA and Switzerland. In addition, dyed and jacquard terry products, jeans fabrics, cotton yarn have been sold for foreign currency to Russia, USA, Turkey, Azerbaijan, Armenia, Kyrgystan. Total...

Exhibition of Economic Achievements of Turkmenistan has been opened and work of the conference “Digital Economy – Important Factor of Economic Development” has started in Ashgabat. Both events are timed to the 29th anniversary of independence of the country. Members of the Parliament and Government, representatives of diplomatic corps, ministries and departments, public organizations and mass media took part in the opening ceremony. Greeting message of President Gurbanguly Berdimuhamedov to t...

Another round of consultations took place between the International Monetary Fund (IMF) mission led by Ms. Natalia Tamirisa and the heads of the Central Bank of Turkmenistan, the Ministry of Finance and Economy and the State Committee on Statistics. The trends of economic development of Turkmenistan, the results of the first half of 2020, as well as the updated indicators for the execution of the 2020 State Budget and the draft budget for 2021 were analyzed during the videoconference meeting....

President of Turkmenistan Gurbanguly Berdimuhamedov addressed congratulations and best wishes to Mr. Yoshihide Suga on his election as Prime Minister of Japan. “I am confident that under your leadership, Japan will reach new heights in political and socio-economic development, strengthen its authority in the international arena”, emphasized the Turkmen leader in his address. Expressing satisfaction with the positive dynamics of the interstate dialogue, the President of Turkmenistan emphasi...

Modern energy system is an important factor of dynamic development of the economy of Turkmenistan. Big industrial facilities have been built and are under construction in the country according to the programs of industrialization, which dictates the necessity of modernization of profile infrastructure. Targeted work is carried out for these purposes according to approved Concept of development of energy industry in the country. Gas turbine power stations provided with advanced equipment from...

Turkmenistan’s delegation took part in the 87th session of the Economic Council of the Commonwealth of Independent States, which was held in video conference format. Share of the views on current directions of economic cooperation and revision of number of documents took place during the session. In particular, the information about implementation of the CIS Strategy of Economic Development until 2020 and Draft Action Plan of the first stage (2021 – 2025) of similar strategy until 2030 as wel...

On September 16, 2020, International media forum dedicated to the 25th anniversary of the permanent Neutrality of Turkmenistan and the election of our country as Vice-Chairman of the upcoming 75th session of the United Nations General Assembly was held in the building of the Chamber of Commerce and Industry of Turkmenistan. The session was held in the format of a video conference. The International media forum was organized by the Turkmen side together with the Asia-Pacific Broadcasting Union...